signal strength 1 of 5
The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 87.53; the resistance level 87.71; the width of the pattern 18 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 18 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on #NTDOY M5. It has the following characteristics: resistance level 21.33/21.32; support level 21.27/21.28; the width is 6 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 99.59, the lower border is 99.41. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 99.59 and support 99.41
The M5 and M15 time frames may have more false entry points.
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